PagerDuty
234 hedge funds and large institutions have $1.88B invested in PagerDuty in 2023 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 92 increasing their positions, 62 reducing their positions, and 65 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 62
45% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $8.57M
3.33% less ownership
Funds ownership: 94.09% → 90.77% (-3.3%)
9% less funds holding
Funds holding: 258 → 234 (-24)
32% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 65
37% less capital invested
Capital invested by funds: $3B → $1.88B (-$1.12B)
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.9M |
| 2 |
Renaissance Technologies
New York
|
+$28.7M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$26M |
| 4 |
OPFM
Optimus Prime Fund Management
Grand Cayman,
Cayman Islands
|
+$16M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$171M |
| 2 |
FAM
Fred Alger Management
New York
|
-$33.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$30.5M |
| 4 |
Millennium Management
New York
|
-$23M |
| 5 |
Two Sigma Advisers
New York
|
-$14.1M |
PD Hedge Fund Activity: Q2 2023 in Review
234 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in PagerDuty (PD) for Q2 2023, worth a combined $1.88B — down 37% from $3B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of PD and 44 opened new positions — a net loss of 21 holders — while 62 trimmed existing stakes and 92 added.
The largest buyer was Vanguard Group, adding an estimated $31.9M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $171M sold.
- 234 institutional investors held PagerDuty (PD) as of Q2 2023, down from 258 in Q1 2023.
- Funds reported $1.88B of PagerDuty stock for Q2 2023, down 37% quarter-over-quarter.
- 44 funds opened new PagerDuty positions in Q2 2023 and 65 closed out, a net change of -21 holders.
- The largest PagerDuty buyer in Q2 2023 was Vanguard Group, an estimated $31.9M added.
- The largest PagerDuty seller in Q2 2023 was William Blair Investment Management, an estimated $171M sold.
Based on aggregated 13F filings for Q2 2023.